Yahoo Finance Wall Street Fundamentals Releases New In-Depth Stock Reports on AREX, NFX, PXD and SDRL
U.S. markets posted mixed results Monday as data showed pending home sales in the U.S. declined for the fifth consecutive month. The National Association of Realtors reported the pending home sales index dropped 0.6 percent to 102.1, its lowest level since December 2012. Additionally, energy stocks fell Monday as a temporary deal to curb Iran's nuclear program pressured oil prices lower. Here is how some energy stocks reacted Monday:
Approach Resources Inc. (NASDAQ:AREX - News) shares traded in the range of $21.17 to $22.98 Monday before settling to close at $21.82, a decrease of 4.97 percent. The stock appears to be facing some resistance at the $23.13, $23.90 and $24.28 levels. Shares of Approach Resources have fallen approximately 12.0 percent in 2013.
More information on Approach Resources and access to the free equity report can be found at:
www.WallStreetFundamentals.com/AREX
Newfield Exploration Co. (NYSE:NFX - News) shares traded in the range of $28.80 to $29.91 Monday before settling to close at $28.98, a decrease of 3.50 percent. The stock appears to be facing some resistance at the $28.98 and $29.57 levels with some support at $28.11. Shares of Newfield Exploration have gained approximately 8.0 percent in 2013.
More information on Newfield Exploration and access to the free equity report can be found at:
www.WallStreetFundamentals.com/NFX
Pioneer Natural Resources (NYSE:PXD - News) shares traded in the range of $130.58 to $183.46 Monday before settling to close at $181.04, a decrease of 3.02 percent. The stock appears to be facing some resistance at the $186.02 and $197.09 levels with some support at $175.14. Shares of Pioneer Natural Resources have gained approximately 70.0 percent in 2013.
More information on Pioneer Natural Resources and access to the free equity report can be found at:
www.WallStreetFundamentals.com/PXD
Seadrill Ltd. (NYSE:SDRL - News) shares traded in the range of $42.33 to $44.53 Monday before settling to close at $42.46, a decrease of 6.15 percent. The stock appears to be facing some resistance at the $42.84 and $43.29 levels with some support at $42.24. Shares of Seadrill have gained approximately 15.0 percent in 2013.
More information on Seadrill and access to the free equity report can be found at:
www.WallStreetFundamentals.com/SDRL
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Disclaimer: Information, opinions and analysis contained herein are based on sources believed to be reliable, but no representation, expressed or implied, is made as to its accuracy, completeness or correctness. The opinions contained herein reflect our current judgment and are subject to change without notice. We accept no liability for any losses arising from an investor's reliance on or use of this report. This report is for information purposes only, and is neither a solicitation to buy nor an offer to sell securities. Certain information included herein is forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995, including, but not limited to, statements concerning manufacturing, marketing, growth, and expansion. Such forward-looking information involves important risks and uncertainties that could affect actual results and cause them to differ materially from expectations expressed herein. Wall Street Fundamentals has no financial relationship with any company whose stock is mentioned in this release.
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